Tag Archives: Mastercard
Around 1.5 Million Credit Cards Were Stolen From Global Payments
Late last month, I reported that Global Payments was hit with a data breach. Well it turns out that 1.5 million Visa and MasterCard accounts may have been compromised. The credit card numbers may have been exported, but no customer names, addresses, or social security numbers have been accessed. The original number was pegged at about 50,000 accounts. Global Payments believes that the situation is now contained and they are working with the Secret Service to investigate the incident. MasterCard and Visa sent a notice to customers who may have been affected.
Categories Global Payments Inc., Mastercard, Visa
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Global Payments Hit With Data Breach, Affecting MasterCard and Visa Customers
Global Payments Inc. was hit with a data breach, which has put 50,000 Visa and MasterCard holders at risk. The cause of the breach was not immediately determined and so far it is unknown whether cardholders were hit with fraudulent transactions.
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Categories Global Payments Inc., Mastercard, Visa
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Intel, MasterCard, and Motorola Mobility Invests $18 Million Into mFoundry
mFoundry is a company that powers the mobile banking solutions for over 500 banks and credit unions across the nation. The company has raised an $18 million round of funding from MasterCard, Intel Capital, Fidelity, and Motorola Mobility. mFoundry has raised a total of $40 million in funding.
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mFoundry Making Mastercard’s NFC Service PayPass On Their Financial Apps
mFoundry is a company that develops mobile applications for over 560 financial institutions. Now mFoundry is working with MasterCard Incorporated (NYSE:MA) to integrate PayPass into their apps. PayPass is MasterCard’s near-field communication platform. NFC makes it easier for consumers to check out at grocery stores, gas stations, etc. by turning smartphones into credit card scanning devices. Check out the press release below:
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Categories Drew Sievers, Ed McLaughlin, Mastercard, mFoundry
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Google Offering Credit Card To Advertisers With Competitive Interest Rates
Google Inc. (NASDAQ:GOOG) is offering a credit card for advertising customers that would have a large credit line, no annual fee, and competitive interest rates. However the credit card would only be able to used for buying search advertising through the Google search engine. The AdWords Business credit card would be Google’s first attempt at vendor financing.
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Categories Claire Johnson, Google, Mastercard, World Financial Capital Bank
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FBI Raids The Houses Of Pro-Wikileaks Operation Payback Activists
The Federal Bureau of Investigation has executed over 40 search warrants for those involved with Operation Payback. Operation Payback was a group of hackers that took down the Visa, Mastercard, and PayPal websites using DDoS attacks out of Wikileaks retaliation. Visa, Mastercard, and PayPal had dropped financial support for Wikileaks founder Julian Assange shortly after he released confidential government cables. The group behind Operation Payback is known as “Anonymous.”
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